Maiden Holdings North America, Ltd.
MHNC
New York Stock Exchange12.25
USD
- -
- -
CIK
0001412100
ISIN
US56029Q4082
CUSIP
56029Q408
Return %
Stock
S&P500
1Y
-29.19
26.53
3Y
-35.01
76.60
5Y
-48.59
80.11
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
•
in mil. unless spec.Growth Rates
FRC
•
in mil. unless spec.Quarterly Revenue
FRC
•
in mil. unless spec.Quarterly Earnings Per Share
FRC
•
in mil. unless spec.Quarterly Dividends Per Share
FRC
•
in mil. unless spec.- CEO
- None
- Sector
- Financial Services
- Industry
- Insurance - Life
- Address
- 6000 Midlantic Drive, Suite 200 South Mount Laurel NJ United States of America 8054
- IPO Date
- Nov 27, 2013
- CIK
- 0001412100
- Similar Companies
- Business
- Maiden Holdings North America, Ltd. (MHNC) operates as a Bermuda-based reinsurance company focused on specialty property and casualty insurance risks in North America. The company offers diversified reinsurance products and services, including excess and surplus lines reinsurance; mortgage guarantee reinsurance; and specialty risk management solutions for commercial and personal lines, such as property catastrophe, workers' compensation, and environmental liability coverage. It primarily serves ceding insurers and managing general agents in the U.S. and Canada through program-specific structures and collateralized quota share arrangements. Founded in 2009 and headquartered in Pembroke, Bermuda, MHNC functions as a subsidiary of Maiden Holdings, Ltd., with operations centered in the North American market across key segments like non-standard personal auto, inland marine, and general liability reinsurance. The company targets niche, high-growth insurance sectors underserved by traditional carriers, leveraging data-driven underwriting and third-party capital partnerships to optimize risk transfer. Its business model emphasizes long-term relationships with specialty program administrators and fronting companies. In the past two years, MHNC has undergone significant strategic changes, including a corporate rebranding and operational realignment to streamline its focus amid market consolidation in the reinsurance sector. The company announced a name change and restructuring in late 2024 to enhance its competitive positioning, coinciding with expanded capacity for excess and surplus lines following key renewals at January 1, 2025. Additionally, MHNC secured new quota share retrocession agreements and pursued growth through targeted acquisitions of smaller specialty portfolios, bolstering its balance sheet and geographic footprint in the U.S. Southeast and Midwest regions.
Maiden Holdings North America (NYSE:MHNC) Trading Up 0.4% – Should You Buy?